Top Construction Companies In Dubai, UAE – United Arab Emirates

We all have the dream destination in our mind when it comes to holidaying aboard. UAE is the place everyone wants to visit once in his lifetime. We have made an effort to present to you the best construction companies in the UAE, which are doing a marvelous job for shaping the future cities of the world in the United Arab Emirates (UAE). Find here the list of the top construction companies in Dubai, UAE. and also, contracting companies in Dubai, UAE.

About United Arab Emirates (UAE)

The United Arab Emirates often referred to as the U.A.E, is a federation of seven emirates on the eastern side of the Arabian peninsula, at the entrance to the Persian Gulf. It has coastlines on the Gulf of Oman and the Persian Gulf, with Saudi Arabia to the west and southwest, and Oman to the southeast and also on the eastern tip of the Musandam Peninsula as well as an Omani enclave within its borders. It is a country rich in history and culture and an easy starting point for travels in the Middle East. Find below the list of the top construction companies in Dubai, UAE.

The UAE construction market is expected to register a CAGR of 5.5% over the forecast period, 2019-2024.

Construction activity in Dubai is estimated to remain robust in the next two years with developments related to Expo 2020 being one of the main factors driving the sector growth.

The construction market has managed to remain stable and present a positive trend in 2016-2017.

In November 2017, the combined value of the 11,755 active construction projects in the United Arab Emirates has exceeded USD 818.2 billion (around Dh 3 trillion), accounting for 33% of total value and 52% of all construction activity in the GCC region as a whole.

All active construction projects in the GCC region come out to a staggering USD 2.43 trillion (AED 8.91 trillion). The total value of UAE’s contract awards in 2018 has been USD 31.6 billion till September 2018, while in 2017 it amounted to USD 28.6 billion.

Currently, Dubai attracts a lot of positive attention, owing to the numerous ongoing infrastructure projects to accommodate the needs of big upcoming events, such as Expo 2020.

The Expo 2020 has deemed as a substantial boost for the region’s tourism. In that direction, the United Arab Emirates has kicked off large-scale leisure projects, such as new hotels, Dubai South and Dubailand.

According to the latest data, the total value of major expo-related construction projects reached AED 156 billion (USD 42.5 billion) by the end of March 31, 2018, driven by both public and private sectors.

A majority of these projects are poised to complete before the expo begins in October 2020, resulting in massive job creation as well. The development of Expo 2020 projects will create a low-level skyline, in comparison to the skyscrapers dominating Northern Dubai.

In 2017, AED 11 billion worth of contracts were awarded by Expo 2020. The Industry data showed that the total value of the top 10 active projects linked to Expo 2020 exceeded AED 120 billion (USD 32.7 billion) as of March 31, 2018.

Another trend impacting UAE construction is smart cities. This strategy will be implemented across the UAE with a major focus on Dubai.

By 2021, the UAE government plans on making Dubai the world’s smartest city. Everything from smart transportation solutions to free, pan-city high-speed Wi-Fi will be implemented to help enhance Dubai’s reputation and investment capabilities.

About 1,000 government services will be smart-enabled, 2,000 wi-fi hotspots will be installed, and a savings of USD 5.9 billion is expected from Dubai’s new transportation initiatives. This strategy is meant to attract global businesses, tourists, and workers.

The heavy public investment in infrastructure can eventually stimulate also the private sector and create great momentum for the entire market. This is a decisive step toward the ultimate goal of breaking the total dependency of the Middle East construction market from oil.

List of The Construction Companies In Dubai

By considering the above stats, we assume that the following companies have the potential to grow in the coming years. Below is the list of the best construction companies in the United Arab Emirates (UAE).

You can find here the list of the top construction companies in Dubai. Check the career page of these companies to find the Dubai construction company vacancies. Also, find here the road construction companies in Dubai. List of the top construction companies in UAE. It includes the list of civil construction companies in UAE and building construction companies in the UAE.

Conclusion

If you are looking for job opportunities in the construction industry in United Arab Emirates, UAE, then this is the best time to find the job and get hired by one of the above-listed top construction companies in Dubai, UAE. and contracting companies in Dubai.

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